176 25th Ave, Seattle, WA 98122

$1,225,000
3,120
SqFt

Listing courtesy of Sound Realty Group Inc.

List Price
$1,225,000
Status
ACTIVE
MLS#
1663797
Days on Market
7
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
3,120
Lot Size (sq ft)
4,500

Property Description

Beautifully renovated 3,120 SqFt Central District investment property. Currently setup as a duplex: upper unit is 4bed/3bath renting for $4300/mo, lower is 3bed/2bth, $3150/mo 6% Cap Rate. Studs-out remodel with new kitchens, plumbing, heating, electrical, flooring, etc. Roof and windows less than 3 years old. Well maintained; solid rental history. Fully-fenced with spacious backyard that has room to add an additional DADU per zoning. Walking distance to schools, parks, shopping and more.

Additional Information

List Date
2020-09-15 00:00:00
Community
Central Area
Property Type
MULT
Units
2
Stories
3
Potential Terms
Cash Out, Conventional
Year Built
1907
Total Parking
2
Uncovered Parking
2
View
Territorial
Exterior
Metal/Vinyl, Wood, Wood Products
Roof
Composition
Site Features
Deck, Dog Run, Fenced-Fully, Patio, RV Parking
Lot Details
Paved Street, Sidewalk
School District
Seattle
Elementary School
Leschi
Middle School
Wash Mid
High School
Garfield High
Total Monthly Income
$7,450
Gross Scheduled Income
$89,400
Gross Adjusted Income
$89,400
Annual Taxes
$6,947
Tax Year
2020
Insurance Expense
$800
W/S/G Expenses
$4,100
Total Expenses
$15,847
Net Operating Income
$73,553
Gross Rent Multiplier
14
Cap Rate
6

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
3.00
Unit 1 Size
2174
Unit 1 Rent
$4,300
Unit 2 Beds
3
Unit 2 Baths
2.00
Unit 2 Size
1000
Unit 2 Rent
$3,150
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